Sekisui House (OTCMKTS:SKHSY) Shares Gap Up Following Earnings Beat

Sekisui House Ltd. (OTCMKTS:SKHSYGet Free Report) gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $21.5647, but opened at $23.44. Sekisui House shares last traded at $22.27, with a volume of 981 shares.

The construction company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.08. Sekisui House had a return on equity of 11.36% and a net margin of 6.09%.

Sekisui House Trading Up 3.3%

The business’s 50 day moving average price is $21.64 and its two-hundred day moving average price is $21.74. The company has a current ratio of 2.96, a quick ratio of 2.95 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $14.51 billion, a price-to-earnings ratio of 8.57 and a beta of 0.37.

About Sekisui House

(Get Free Report)

Sekisui House Ltd. is a Japan-based homebuilding and property development company. It designs, constructs and sells detached houses, rental housing and condominiums, while also developing commercial facilities, office buildings and other urban properties. The company provides related services including property management, remodeling, landscaping and housing-related consulting.

Founded in 1960, Sekisui House has grown from a Japanese housebuilder into an integrated residential and real estate company.

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